LATAM Airlines Group

LTM

LATAM Airlines, formerly LAN Airlines S.A. and LAN-Chile, is an airline based in Santiago, Chile, and is one of the founders of LATAM Airlines Group, Latin America's largest airline holding company. The main hub is Comodoro Arturo Merino Benítez International Airport (Santiago), with secondary hubs in El Dorado (Bogotá), Jorge Chávez (Lima), Mariscal Sucre (Quito), and José Joaquín de Olmedo (Guayaquil) airports.LAN Airlines was the flag carrier of Chile until its privatization in the 1990s, is the predominant airline in Chile, and Peru, and the second-largest carrier in Colombia and Ecuador, through its local subsidiaries. LAN is the largest airline in Latin America, serving Latin America, Northern America, the Caribbean, Oceania, Asia, and Europe. The carrier has been a member of the Oneworld airline alliance from 2000 to 2020.LATAM Airlines Group was formed after the takeover by LAN of Brazilian TAM Airlines, which was completed on June 22, 2012. In August 2015, it was announced that the two airlines would fully rebrand as LATAM, with one livery to be applied on all aircraft by 2018. Currently, LATAM Chile and LATAM Brazil continue to work as separate companies, under LATAM Airlines Group acting as the executive management. LATAM Airlines Group is currently the largest airline corporation in Latin America.

LATAM Airlines Group has been a target of short sellers for a while. The current short interest of 0.64% is roughly at the average of the last 12 months (0.88%).